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Using Excel. Given the following information for ONAIR Co., find the WACC. Assume the companys tax rate is 35 percent. Show all work. Debt -
Using Excel. Given the following information for ONAIR Co., find the WACC. Assume the companys tax rate is 35 percent. Show all work. Debt - 10,000, 5% semi-annual payment coupon bonds outstanding. $1,000 par value, 30 years to maturity. Selling for 98% of par value. Common Stock - 500,000 shares outstanding, selling for $70 per share, the beta is 1.2 Market - 8% market risk premium and 4% risk-free rate . USING EXCEL
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